$4,156 Closing Credit*
$350,000
2,160 SqFt
3 Beds
•1 Full Bath, 1 Partial
Megan L Samuels, Listing Office: HomeSmart Real Estate Momentum LLC
Is Peninsula, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Peninsula was a Seller's Market.
Key Takeaway
Peninsula is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Peninsula, OH
How much do homes in Peninsula, OH cost?
Median Sold Price
$448,749
$175/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$63,272(+16.4%)
Key Takeaway
Homes in Peninsula have sold for 16.4% more than they did a year ago.
Summary: The median home sold price in Peninsula was $448,749 in November 2024, up 16.4% from last year, and the median price per square foot was $175.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $189.9K | $230K | +21.1% |
| 3 Bedrooms | $379.7K | $409.9K | +8.0% |
| 4 Bedrooms | $477.5K | $537.5K | +12.6% |
| 5+ Bedrooms | $460.7K | $650K | +41.1% |
Summary: Peninsula housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 21.1%, 3 bedroom homes increased by 8%, 4 bedroom homes increased by 12.6%, and 5+ bedroom homes increased by 41.1%.
Median Sold Price Compared To Nearby Cities
| Boston Township | $359.3K | $560K | +55.8% |
| Peninsula | $385.4K | $448.7K | +16.4% |
Housing Supply in Peninsula, OH
How many homes are available in Peninsula, OH?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 13 | +8.3% |
Summary: The Peninsula real estate market had 13 homes for sale in November 2024, a 8.3% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 4 | 4 | 0.0% |
| 4 Bedrooms | 6 | 5 | -16.7% |
| 5+ Bedrooms | 1 | 3 | +200.0% |
Summary: The Peninsula housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes increased by 200%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Peninsula, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Peninsula in November 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Peninsula, OH
How long does it take to sell a home in Peninsula, OH?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 39 Days | 38 Days | -3.3% |
Summary: Homes in Peninsula had an average of 38 days on market in Nov 2024, down by 3.3% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Peninsula has remained consistent over time.
Summary: During November 2024, 2 homes were sold in Peninsula; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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